QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jun-29 07:05 CT

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

QQQ is in a powerful long-cycle advance with the weekly structure still well above the 20, 55, 100, and 200-day benchmarks, keeping the intermediate and long-term backdrop constructive. The current weekly swing pivot has rolled into a short-term down phase from the recent 748.59 high to the 686.37 low, showing a sharp pullback after a fast upside extension. Price is now below the 5-day and 10-day benchmarks, which aligns with the short-term bearish tone, while the broader trend remains supported by the rising moving-average stack and higher-timeframe pivot structure. The chart reflects a strong trending market that has periodically paused at consolidation zones before resuming higher, with the latest action now digesting the recent surge near the upper yearly NTZ band.


Chart Analysis ATS AI Generated: 2026-06-29 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.